Contract for Canadian Solar

Kitchener-based Canadian Solar cashes in on the province’s Green Energy and Green Economy Act.

It’s received contract offers to develop systems ultimately aimed at fighting global warming.

The contracts still require final approval, but the company expects its projects would be completed in 2011 and 2012.  

Canadian Solar wants to set up a state-of-art module manufacturing facility in Ontario by early 2011.

It would employ about 500 people.

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